Clean Stock Today

AIR Stock   0.12  0.01  7.69%   
Market Performance
3 of 100
Odds Of Distress
Less than 23
Clean Air is selling for under 0.12 as of the 6th of February 2023; that is -7.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.12. Clean Air has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Clean Air Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
January
Category
Basic Materials
ISIN
CA18452Y1007
Clean Air is entity of Canada. It is traded as Stock on V exchange. The company has 223.6 M outstanding shares of which 587.23 K shares are presently shorted by private and institutional investors with about 1.26 days to cover all short positions. More on Clean Air Metals
Follow Valuation Odds of Bankruptcy
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Clean Air Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Clean Air's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Clean Air or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Clean Air's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Clean Air Metals (AIR) is traded on TSX Venture Exchange in Canada and employs 4 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 29.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clean Air's market, we take the total number of its shares issued and multiply it by Clean Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Clean Air Metals classifies itself under Basic Materials sector and is part of Other Precious Metals & Mining industry. The entity has 223.6 M outstanding shares of which 587.23 K shares are presently shorted by private and institutional investors with about 1.26 days to cover all short positions. Clean Air Metals has accumulated about 24.02 K in cash with (1.79 M) of positive cash flow from operations.
Check Clean Air Probability Of Bankruptcy
Ownership
Clean Air Metals retains a total of 223.6 Million outstanding shares. Clean Air Metals shows significant amount of outstanding shares owned by insiders and institutional investors .Since such a large part of the company is not owned by regular investors, we recommend to check if there were significant buying or selling the Clean Air Metals stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

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Clean Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Clean Air jumping above the current price in 90 days from now is about 50.0%. The Clean Air Metals probability density function shows the probability of Clean Air stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Clean Air Metals has a beta of -0.5278. This suggests as returns on benchmark increase, returns on holding Clean Air are expected to decrease at a much lower rate. During the bear market, however, Clean Air Metals is likely to outperform the market. Additionally, the company has an alpha of 0.4206, implying that it can generate a 0.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.12HorizonTargetOdds Above 0.12
49.84%90 days
 0.12 
50.00%
Based on a normal probability distribution, the odds of Clean Air to move above the current price in 90 days from now is about 50.0 (This Clean Air Metals probability density function shows the probability of Clean Stock to fall within a particular range of prices over 90 days) .

Clean Air Metals Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Clean Air market risk premium is the additional return an investor will receive from holding Clean Air long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Clean Air. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Clean Air's alpha and beta are two of the key measurements used to evaluate Clean Air's performance over the market, the standard measures of volatility play an important role as well.

Clean Stock Against Markets

Picking the right benchmark for Clean Air stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Clean Air stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Clean Air is critical whether you are bullish or bearish towards Clean Air Metals at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clean Air without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Clean Air Corporate Management

Elected by the shareholders, the Clean Air's board of directors comprises two types of representatives: Clean Air inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clean. The board's role is to monitor Clean Air's management team and ensure that shareholders' interests are well served. Clean Air's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Clean Air's outside directors are responsible for providing unbiased perspectives on the board's policies.
Geoff PGeo - VP ExplorationProfile
PEng MBA - Chief OfficerProfile
BE PEng - Ex BoardProfile
CPA CGA - CFO SecProfile

Invested in Clean Air Metals?

The danger of trading Clean Air Metals is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Clean Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Clean Air. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clean Air Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Clean Air Metals price analysis, check to measure Clean Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clean Air is operating at the current time. Most of Clean Air's value examination focuses on studying past and present price action to predict the probability of Clean Air's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Clean Air's price. Additionally, you may evaluate how the addition of Clean Air to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Clean Air's value and its price as these two are different measures arrived at by different means. Investors typically determine Clean Air value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.